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Inflation data from Germany and the Euro-Zone could prove to be significant to the Euro over the coming days, especially against a backdrop of falling inflation expectations and depressed energy prices.

The long-term outlook for USD/JPY remains bullish amid the deviating paths for monetary policy, but the range-bound price action in the exchange rate may unravel in the days ahead as market participants continue to treat the Japanese Yen as a ‘funding-currency.’

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